Harborplace

Camden Yards was like that, very much so, until...

They can't figure what to do with HarborPlace.

They can't figure what to do a lot of things.

They figured the murder thing out here, and that's great.

Look forward to a division showdown against the Browns this weekend.

But we'll begin this morning with word of a massive tax break for HarborPlace, talking $200 million.

Is it worth it? All that more coming up on The C4 with Brian Neeman podcast.

You know, the redevelopment of the Inner Harbor, Brian, and 530 Club is really one of the dreams that will help rejuvenate downtown.

It then caroms off to the right, by Alfredo Griffin, out into left field for a Decente hit.

And the jewel of Baltimore City is the Inner Harbor, Harborplace.

You owe it to yourself to come to our town on a weekend or at any time just to take a look and see what has happened.

And remember, if you're coming to see the Orioles play, make Baltimore part of your day, downtown Baltimore especially DeCente is at first base, Belanger is up.

Uh, so, uh, in comes the friend of Brandon Scott, David Bramble.

The Baltimore Brew is reporting today that a draft lease obtained by them confirms that developer David Bramble would get sweeping property tax write-offs on the HarborPlace project, reaping at least $200 million in savings over 25 years if his company, uh, builds out the commercial realtate- or retail and apartment, uh, space.

The lease calls on MCB Real Estate, which Bramble co-founded and heads, to pay only 5% of the Baltimore City real property taxes otherwise due through 2051, plus the current very low property values preceding the commencement of construction activities.

What does that mean? Well, based on the draft lease terms, MCB, Bramble, would likely pay no more than $1 million a year in total property taxes if it adds a promised $500 million in value to the property.

... probably 20 years.

Well, back in the, uh, back, back in the day, I used to do security at, at Harborplace and the Gallery back when they were open.

I'll tell, I, I, I'll tell you what, I, I would never, ever wanna be a security officer down there now if they were still open.

I mean, there's no way.